7 Reasons To Apply For The Ink Cash (Beyond The Best-Ever 50K Welcome Bonus)

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Late last week Chase launched a new sign-up bonus on the Ink Business Cash℠ Credit Card, which is by far the biggest sign-up bonus that has ever been offered on the card. The Ink Business Cash has a sign-up bonus of $500 cash back (or 50,000 points — more on that later) after spending $3,000 within three months. This is a massive sign-up bonus for a no annual fee card. You can potentially convert these points into Ultimate Rewards points, which I value at 1.7 cents each, so to me that sign-up bonus is worth up to $850.

As a point of comparison, the card previously had a sign-up bonus of $300/30,000 points, so this bonus is about two thirds bigger than usual. The current sign-up bonus is roughly equivalent to those offered by the Chase Sapphire Reserve℠ and Chase Sapphire Preferred® Card.

If you’re eligible for the card I can’t recommend picking it up enough. It’s not just worth picking up the card because of the sign-up bonus, but also because of the long term perks it offers.